KUALA LUMPUR, Feb. 16 -- The Malaysian Anti-Corruption Commission (MACC) has opened an investigation into a RM1.1 billion agreement between the Malaysian government and a foreign company, following complaints that the deal was rushed and lopsided.

According to sources, the probe was initiated after several non-governmental organisations lodged complaints and submitted documents related to the agreement, which is expected to have significant financial implications for the government.

Preliminary information suggests the proposal may not have received the required approvals from the Ministry of Finance (MOF) and the Ministry of International Trade and Industry (MITI), yet the agreement was concluded hastily.

This claim will be a key focu...